C.H.A.R.T.E.R. FOR NORTHERN IRELAND
Communities Having a Response Towards Economic
Regeneration
(A company limited by guarantee)
Statement of financial activities (incorporating the income and expenditure
account) for the year ended 31 March 2025
19
Total
funds
2025
Total
funds
2024
Unr¢striLted
funds
RegtriLted
nds
Note
Income from:
-Donations
10,050
19325
29,475
18,494
235.997
16,632
255,568
-charitable activities
216,572
225,016
Total income
254,491
272,200
Expen(liture on:
-C.harilable activitie5
(47,534)
(47,534)
(18,059)
(216,519)
(216,519)
8,497
(264.053)
(264,053)
{9,562)
(294,621)
(294,621)
(22,421)
Total expenditure
Net incomel(expendilure) for the
yeAr
Transfers behveen funds
11,190
(6,869)
(11,190)
(2,693)
Net movement in funds
(9,562)
(22.421)
Reconciliation of funds:
Fund bAlances brought forward
atlA ril
Fund bAlanees carried forward at
31 March
82.506
1811,472
270,978
2c)3,399
15- 17
75,637
185,779
261,416
270.978
The Statement of Financial Activities includes all gains and losses recognised in the year.
All amounts above relate to continuing operations of the charitable company,
The notes forni part of these financial statements.

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
Communities Having a Response Towards Economic
Regeneration
(A company limited by guarantee)
20
Balance sheet as at 31 Mareh 2025
2025
2024
Note
Fixed assets
Tangible &ssets
12
187227
191,570
C.'urr¢nt aS8ets
Debtors
13
21W9
73W2
24,762
93,050
117.812
{38,404)
C&8h ai bank md in hand
Cre41itors: amounts (￿17￿8 due wlthln one y
14
(21222)
Net ¢ui'rent #ssets
74,189
261,416
79.408
Total net assets
27U.9715
The funds of the eharfty
Restricted funds
185,779
3&176
40A61
188,472
lJnrn5trfcted fvnds- %enerMI & re*rv
Unrntrieted fund8- dui8nated
I'otal eharity funds
l6
16
43.2117
17
261A16
270.978
The notes on pages 22 to 39 form part of the financi￿ swements.
financial sialemenls have beth prepared in accordance H'ith the proi'isions applAc4bl¢ lo companie5 Subject lo the sma]I
COMp￿leS, regime.
The finllncilll St￿eMentS on pages 19 10 39 were approi'ed ￿. the Board of Trustrts m 9 December 2025 and ￿'ern si8nd on
their behail ￿.:
Albert Hewltt- Chairyorson
Z'craig Brown- Tiw%tr
C.HAW.E.R. for Thortl￿n I￿11nd
Comp*)y Registrntion number: N1054626

C.H.A.R.T.E.IL FOR NORTHERN IRELAND
21
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Statement of Cash Flows for the year ended 31 March 2025
2025
2024
Notes
Net cfish
out
liDflow from o
eratin
activities
18
11,799
9.350
Cash flow from investing Activities
Purcliase of tangible fixed assets
Net cAsh used in investing gctivitles
(7,399)
(7.399)
(7,374)
(7.374)
Net (de¢r¢asc)linLrease in cash and cash equivalents io the year
Cash und cash equivalents at thc beginning of the year
TotAI eAsh and c4sh equivalents At the end of the year
(19,198)
93,050
I,976
91,074
93,050

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
22
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
Summary of significant accounting polici¢s
The significant principal accounting policies adopted, jiidgernents and key sources of estimation uncertainty in the
preparation of the financial 8taternents are set out b¢low. These policies have been consistcntly applied to all p¢riods
pr¢s¢nt¢d unless othenvise stated,
Basls of prepmralion or rinancial statements
The financial statements have been prepared in accordance with Accounting and Reporting by Chartties.. Statement of
Recommended Practicc applicable to charities preparing, th¢ir accounts in accordance with the FinanLial R¢porting
Stand<wd appliLable in the UK and R¢publi¢ of Ireland (FRS 102) effective l January 2019) - (Cliariti¢s SORP 2019
(FRS 102)), the Financial Reportin¥ Standard applicable in the UK and Republic of Ireland (FRS 102). applicable Lharity
law, the Compaiuc¥ A¢t 2006 and UK GLnerally AcL'epled PraLtILe.
Charler Nl meets the definition of a piiblic benefit entity uiider FRS 102 and its operation5 and principal activities are as
disclosed in th¢ Trustees, Report.
The financial statements are prepared in sterling, which is the functional ciwr¢ncy of the charitable company. Monetary
amounts in th¢s¢ financial stalemenls are rounded to th¢ n¥ar¢¥t £.
Assets and liabllities are initially recognised at historical cost or transaction value unless othenvi5e stated in the relevant
accouiiting poliLy note(s).
The financial stateinenls are prepared on a going concern basis.
Going contern
The charitable company's activities, together with factors likely to affect ils future developmeiit. performance and
position, are continuously reviewed by the trustees. These include the LhariÉable company's cash flow. As a consequence.
the trustees believe that the charitable company is well placed to manage business risk8 successfully despite the current
uii¢¢rlain ccoiiomic outlook. The chariiable cornpany meets its day to day working capiial requiitments through its cash
re50ufLes aiid bankiiig, fatyilities. Thc tnistees are confident Ihal the cliarilable company will have adequate resources to
continue ils normal biibiiiLss for tlie for¢secabl¢ future, and aLLordin¥ly conlinu¢s to adopt the going coiicern basis in
prepariiig the annual reporl and financial statements.
Fund accounting
The charity has various types of fund for which it is responsible and which require specific disclosures. A definition of
the various types of funds 18 as follows:
General funds
General fund5 are unrestricted fiinds whiLh are avaftlable for use at the discretion of the trn5tees in furtherance of
the general objectives of the charity and which have not b¢en designated for oth¢r purposes.
Designated funds
Designated funds comprise unrestricted funds that hav¢ becn set aside by the trustees for particular purpoyes.
Restricted funds
Restricted fimds arc fund5 which are to be us¢d in accordance with specific restrictions imposed by donors or
which have been raised by the charity for particular purposes.
The costs of raising and administering sueh fiinds are charged against the specific fun
Ullrestricted funds
Unrestricted funds are amounts which are expendable at the discretion of the trustees in ￿rtherallce of Ihc aims of
the charity.

C.H.A.R.T.E.IL FOR NORTHERN IRELAND
23
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
Summary of significant accounting policies - continued
Incoming resources
All incoming resource.4 are incliided in the Statenient of Financ?al Activtties when the chariry 19 legally entitled to the
income, the amount uan be mekL4ured reliably and receipt is considered probable. Incom¢ 18 d¢f¢rred only when the charity
has to fulfil conditions whi¥h are not fully within the control of the charity before becoming entitled to it or where the
donorlfunder has specifi¢d that th¢ income is to be expended in a future period.
Resources expended
All expenditure is Accounted for oil an accruals basis once there is a legal or constructive obligation to n]ake a payment
lo a third party. il is probablc that settlcment M'ill be required and th¢ amount of the obligation Lan be mcasurcd rellably.
Expenditure is classified under Ihe following activity headings..
Chfirilable activitie5
Charilable ¢xpeiiditure uomprises those costs incurred by the charity in the delivery of its octivities and services
for 115 beneficiaries. It includes both costs that can be allocated directly to such activitie5 and those costs of an
indirect nalurc necessary lo supply them. Support costs are those costs incurred in support of direct expenditure
on the objecls of the charity and include project manageinent. Gov¢rnanc¢ costs are those inLurred in connection
with administratioii of Ihc charity and compliaiice with coiislitutional and statutory requtr¢ments.
The analysis of these costs ts included in notes 5 7.
ITre¢overable VAT is charged as a cost against tlie activity for which the expellditur¢ was incurred or capitalised
as part of the ¢o$l ot'th¢ related asset as appropriate.
Employee benefits
When employees h&ve rendered service to the Lharity, short-temi employee benefits to which the employees are entitled
are recognis¢d at the undlscounted arnount expected to be paid in cxchangye for that service.
Retirement benefits
The company contributes to the NEST pension scheme with contributions charged to the SOFA as th¢y become payable
in accordance with the rules of the scheme.
Tangible Fixed Assets
The cost of taiigible assets is iheir purchase cost, together with any incidental ¢osL% of acquisition. Deprecialion is
calculalLd so as to write off tlie cost of tangible fixcd assets, Icss their estimated residual values, on a straight-line basis
ovcr the expected iiseful e¢onoTnic liv¢s of thc assets coiicerned. The principal annual rat¢S Used are as follows-
Buildijigs
Equipnient
40/0 Strai￿hl liiie
250/0 Strai&yht lin¢
Th¢ carrying value of the tangible fixed &8sets is reviewed annually tor impairment in period to detern]ine if events or
changes in circumstances indicate tlie Ciirrying Viilue may not be recoverable.
Cash at bank and in hand
Cash at bank and in hand incliid¢s Cash, deposits held al call with banks and other short-ternl highly liquid investments
with onginal maturities ot three molllbs or less.

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
24
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 MArch 2025
Summary of significant accounting policies - continued
Financial insÉruments
The company only has financial assets and fmallcial liabilities of a kind that qulllify as basi¢ fin1￿claI instniments. Basic
financial instruments are initially recognised at transaction price and subsequently measured at t￿e1r settl¢m¢nt value,
unless th¢ arrangement constitutes a financing transaction. Financing transactions are initially measured at the pr¢sent
value of th¢ fuliire receipts discounted al a market rate of interest. and are subsequently carrKed at amortis¢d cost, using
tlie effective interest rat¢ method. Financial absets and liabililies Llassified as receivable/payable within one year are not
amortised.
Leases
R¢ntals payable linder operating leases are charged to expendithre on a straight-line basis over the term of the r¢l¢vant
lease.
Impairment
Assets not measiired at tair value are reviewed tor any indication that the asset may be impaired at each balance. sheet
d<2le. If such indication ¢xi515. thc r¢¢ov¢rable amount of the asset. L)r the asset's Lt*sh generating unil, is estimat¢d and
compared to the carrying amouiit. Wh¢r¢ th¢ cattying amount ¢xc¢ed% its i-ecoverable amount, an iinpairment loss is
recognised in profit or loss unless the asset is carried at a revalued amount where th¢ impairinenl loss is a revaluation
decrease.
Crltlcal aceountlng judgements and esiimation uncertainty
Estimates and judgrnents are continually cvaluated and are based on historical expeTienLe and other factors, including
expectations of future events that are b¢lievcd to be reasonable under the circumstances.
Crilical.jtsdxemeiil.s In applying ihe enlity's accoiinliiig policies
company's accounting policies.
(,'rilical ac'c(?14nlipig e&limales undas.sumpiioiiJ - There are no critical accounting estimates and assumptions.
There are no critical judgements in applying the
Donations
Unrestricted
fitnds
Restricted
funds
Total fund5
2025
Total funds
2024
Non-performancc grants
Gifts
8,388
56
8?88
10,106
18,494
11,582
5,050
16,632
10,050
10,050
8,444
Of the £18,494 received in 2025, (2024: £16.632), £8,444 related to restricted funds (2024.. £11,582) and £10,050 to
unrestricted fiJnds (2024: £5,050). Governinent grants included in Donulioi)s ainounied lo £nil {2024.' £nil).
Gifts intiliide the use of facilitics provided by NIHE and valued at £5,050 pa in both years.

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
25
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
Income from charitable activities
Unrestricted Restrɥted Total funds Total funds
funds
f￿ldS
202S
2024
Contract income
6,727
15,682
22.409
24,893
R¢ntal incomc, including room hire
Primary purpose trading
Grants
1,922
1,922
1,260
4.881
4.881
6,790
5.895
200.890
222.625
Total income trom charitable activities
19.425
216.572
235.997
255,568
Unrestricted Restricted Total funds Total funds
funds
funds
2025
2024
Grxnts received included in the above are as follow8:
Tullycarnet Community Regeneration Project - Dfc
Diamond Proj¢ct - BCC Capacity
Positive Change Staits at Home - TEO Good Relations
Cultural Confidence in Young People- TEO Good Relations
Conimunity Safety - NIHE
Diajnond Health Hub- TEO Urban Villages
Community Diversionary Festiv&l - BCC
East Belfast Cultiiral Confidence & Tolerance - BCC
64,660
64,660
60,423
42,067
42.067
44,634
25,564
34,135
13,638
13,638
11,519
3,426
1,713
5,139
14,830
2.469
34,233
36.702
41,170
King's Coronation - The National Lottery Awards for All
Beacons - BCC
8,420
7,489
7,489
Good Iielations & Cultural ID - LCCC
1,304
Christm&8 - NIHE
2,869
2,869
Christmas & Knocknagoney Get Fit - NIHE
Knocknagoney cI￿lStMaS - BCC
Woven Housillg Association - Knocknagoney Wom¢n'5
Fitness
Christmas - Habinteg Housing Association (Ulster)
Take 5 Severn Street- BCC
4,155
2,763
2,763
1,425
1,534
1,534
610
2,500
2,500
Crafty Womell's Collectiv¢- James Brown & Sons
Community Fund
1,860
1,860
Total Grants
5,895
200.890
206,785
222,625

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
26
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
Illcome from charitable activities continued
Of the £235.997 received in 2025, {2024: £255,568), £216.572 related to restricted filnds (2024.. £234,034) and £19,425
to unrestricted funds (2024: £2 I,534).
Government grants included kn Income from Charilable Aclivities amounted to £203.391 (2024.. £222,015).
Non-Exchange transactions
Volunteers
The charltable company has benefitted from ihe contribution of unpaid general volunteers. Their contribution is not
accounted for due to the lack of a reliable basis of measurement.
The Diamond Hub
From 30 June 2017 the Diamond Project has been party to a 20-year lease on a community hub building Situated at 32
Constance Street, provided by Noi1hern Ireland Housing Executive at a peppercorn rent.
Tli¢ raL¢abl¢ Nct Annual Value ot this property is estimated at £5,050pa. This figure represents the estimated amount the
cliarity w(>uld pay ihe open market for 011 alternative equivalcnt facility and therefore the value of the doiiuted facilities.
In line with the SORP, £5,050 has thcrcforc bccn included in Incom¢ from Donations and Expenditure on Charitablc
Activities.

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
27
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
Expenditure on charitable activities by fund type
Activities
undertaken
directly
Support
costs
Total Costs
2025
Year ended 31 March 2025
Unrestricted funds
General fund
8,418
5,099
29,676
353
38,094
5,452
3,988
Designated for the Diamond
Design&ted tor the East BeLlast Loyalist Contlict Museum
Total Unrestricted funds
3.988
34,017
l3,5l7
Restricted funds
Tullycaniet Community Regeneration Project- Dfc
Diamond Project - BCC Capacity
45,523
l3,501
59,024
32,092
4,072
36,164
Pathways Programme - PHA
16,081
16.081
Positive Change Starts at Home- TEO Good Relations
19,221
6.391
Comrniinity Safely - NIHE
10,370
1,256
11,626
Diamvnd H¢ulth Hub
Diamond Health Hub - TEO Urban Vfftllages
Futur¢ Innovators - Co-operation Ir¢land
1,733
1,733
Gym & bike shed- TEO Urban Villages
9,021
9,021
Community Diversionary Festival - BCC
Core funding- Halifax Foundation for Northern Ireland
34,233
34,233
8,388
8a88
BeaLons - BCC
7,499
7,499
Christmas - NIHE
2,839
2,765
1,534
2,839
2,765
IW4
Knocknagoney Christmas - BCC
Kno¢knagoncy Wornen's Fitne3s - Woven Housing
Association
Total Rcstricted funds
182,911
196,428
33,608
216,519
264,053
Total expenditure
67,625

C.H.A.ILT.E.R. FOR NORTHERN IRELAND
28
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Note5 to the financial statements for the year ended 31 March 2025
Expenditure on charitable activities by fund type - continued
Activities
undcrtaken
dir¢ctly
Support
Total costs
2024
Year ended 31 Marcb 2024
Unrestricted funds
General fund
11,651
1,799
34,987
197
46,638
1,996
3.741
Designated foT the Diamond
Degignated t'or the East Beltast Loyalist Contlict Museum
Total Unr¢strict¢d fvnds
3,741
38,925
13,450
52,375
Restricted funds
Tullycarnet Community R¢g¢neration Project - Dfc
43,401
12,963
56,364
Diamond Project - rjcc Capacity
32,431
4.930
37,361
Pathways Programme - PHA
15,780
15,780
Cultural Confidence in YoLing People - TEO Good
Relations
Community Safety - NIHE
29,314
5,554
34,868
11,285
946
11231
Di4mund Hcalth Hub
Dftarnond Health Hub - TEO Urban Villag¢s
12,656
673
13J29
Fiiture Innovators - Co-operation Ireland
1,733
150
1083
Gym & bike sh¢d - TEO Urban Villages
9,021
9,021
East Belfast Cultural Confidence & Tolernn¢e - BCC
38,034
38,034
King's Coronthtion - The National Lottery Awards for All
&049
8,049
Coir funding- Halifax Foundation for Northern Ireland
4,509
4,509
Good Relatioiis & Cultural ID - LCCC
1,304
1,304
Christmas & Knocknagoney Get Fit - NIHE
Kno¢knagoney Christmas - BCC
Knocknagoney Christh]as - Habinteg Housing Association
(Ulster)
Learning Through th¢ Divide - TEO Good R¢lations
Resolve - JCRC, NIHE
Total Restrkcted fi￿d8
4,155
1,423
610
4,155
1,423
610
325
325
3,000
3,000
209.521
222.971
32.725
242,246
294,621
Total expenditure
71.650

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
29
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
Support costs
Unreslricted
funds
Restricted
funds
Total fund5
2025
Total funds
2024
Salariey & pensions
Staff ent¢rtAinment
21,301
500
21,894
43.195
500
43,157
Rent & rates
3,101
165
5,736
1,238
8.837
1,403
121
8,587
1,381
373
Heat & light
Repairs & nkaint¢iianLe
Insurance
121
2,747
14
2,648
779
5,395
793
4,118
793
Telephone
Depreciation
Protessional f¢es
876
876
598
2,430
2.430
4,160
40
Stationery
Software licence
308
308
675
Hospitality
Sundry
Website
543
189
189
117
492
Bank fees
392
186
578
616
Governance costs (Note 7)
1,873
1,127
3,000
67,625
6,000
71.650
34,017
33,608
Of th¢ £67,625 expended in 2025, (2024: £71,650), £33,608 related to restricted funds (2024.. £32,725) and £34,017 to
unreslricled fundy (2024,. £38,925).
Governydnce costs
Unrestricted
fi]nds
Restricted
Funds
Total funds
2025
Total fiinds
2024
Profcssional f¢¢s- audit
1,873
1,127
3,000
3,000
3,000
6,OOQ
lkgal costs re Resolve
1,873
1,127
3,000
Of the £3,000 ¢xp¢nded in 2025, (2024.. £6,000), £E,127 related to restriLted ￿lld8 (2024.. £4,174) and £1.873 to unrestricted
funds (2024.. £1,826).

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
30
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the fmancial statements for the year ended 31 March 2025
Net incomel(expenditure) for the year
2025
2024
This ks staled atter charging:
D¢prccialion
Operating l¢as¢ - r¢nlal chaTges
Fees payable to coinpany auditor- aiidit of the accolints
11.742
8,837
3.000
12.294
8,587
3,000
Staff costs and emoluments
2025
2024
Wagcs and salari¢s
SoLial seLurity costs
Pension costs
115,919
5,966
2,727
(1,681)
122,931
113,348
5,057
2,551
(462)
120.494
Movemeiit on holiday pay accnial
Key management compen$8¢io
2025
2024
Key m8iiag¢ment compensation
81,107
79,331
2024
Number
Number
The number of persons employed by the company during the year WRS:
Direct, support and governance
No employee received remuneration of more than £60,000 during the year (2023.. Nil).
Th¢ p¢nsioii amounts recogniscd as an expense in the year were £2,727 (2024: £2,551) in respect of its own contribution.
10 Trustees, Remuneration and Benefits
There was no trustees, remiineration or other benefits for the year cnd¢d 31 March 2025 (2024.. £tiil). No trustee received
payment for protessional or other services supplied to thc charitable company (2024: nil)
Trustees, expenges
There were no trustees, exp¢ns¢s r¢imburscd for the year ended J l March 2025 (2024: £nil).

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
31
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
I l Taxation
The company is a registered charity, and as such is entitled to certain tgx exemptions on income and profits from investments, and
SUTpluses on any trading activities caLTied on in furtherance of the clwity's pritnary objectives, if these profits and sukpluses are
applied yolely for Lhdrilable purpo¥ets.
12 Tangible fixed assets
Land &
buildings
Equipment
Total
C(v6t
At l April 2024
Additions
230,169
6,949
36.913
450
267.082
7,399
(479)
274.002
Disposals
At 31 Mfirch 2025
(479)
36,884
237,118
Aceumulated depreciation
At l April 2024
Disposals
Chorge for the year
At 31 Mareh 2025
45,105
30,407
(479)
75,512
(479)
11,742
86,775
9,299
54,404
32,371
Net book amount
At 31 Marth 202$
182.714
187,227
At 31 March 2024
185,064
6,506
191,570
A Deed of Mortgage and Charge is registered against the comniunity gym and bicycle workshop modiilar buildings at 31
Kingswood Street Qomplcted in July 2019, in favour of TEO. who funded the premises under the Ut6an Villages Development
FuLid at a cost of £225,527. Subject to there being no breach of the project funding agreement, the propety will be released to
th¢ charitable company on 13 Febniary 2029.
13 Debtors
2025
2024
Grants & donations reLeivable
21,309
250
23,191
1,571
24,762
Prepayments #nd accrued income
21,559

C.H.A.R.T.E.R. FOR NORTHERN IIIELAND
32
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
14 Creditors: amounts falling due Ivithin one year
2025
2024
Accruals and defeiTed income
18,151
3,071
21.222
36,259
2,145
38.404
oihei. creditors

C.H.A.ILT.E.R. FOR NORTHERN IRELAND
33
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
15 Restricted income funds
Balance at I
April 2024
Incoming
resources
Outgoing
resources
Balance Vdt 31
MArch 2025
Year ended 31 March 2025
Transfers
Tullycarnet Community Regeneration
Project - Dfc
Diamond Project- BCC Capacity
Pathways Programme - PHA
Positive Change Starts at Home - TEO
Good Relations
Community Safety - NJHE
187
64,660
(59,024)
(5,299)
524
790
42,067
(36,164)
(16,081)
(25,612)
(6,483)
436
210
15,682
37
25,564
200
152
1,608
13,638
(11,626)
3,620
l)iamond Helllih Hub
Diamond Heilth Hiib - TEO Urbgn Villages
Future Innovators - Co-operation Ireland
Gym & bikc shed- TEO Urban Villages
1,713
I,713
5,199
180.422
(1,733)
(9,021)
3,466
171.401
Commiinity Divei'gionary Festival - BCC
East Belfast Cultural Confidence &
ToleranLL - BCC
Core ￿ndIng - Halifax Foundation for Nl
Beacons - BCC
34,233
{34,233)
266
266
8,388
7,489
2,869
2,763
1,534
(8,388)
(7,499)
(2,839)
(2.765)
(1,534)
io
Christmas - NIHE
30
Knocknagoney Christmas - BCC
Knocknagoney Women's Fitness - Woven
Housing Association
Take 5 Severn Street - BCC
2,500
2,500
Crafty Women's Colle¢tivc - James Brown
& Sons Community Fund
Mural In￿1[anCe donation
1.860
1,860
56
(56)
At 31 March 2025
188,472
225,016
(216,519)
(11,190)
185,779

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
34
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial ststements for the year ended 31 March 2025
15 Restricted income funds continued
Of the total restricted funds at 31 March 2025 of £185.779. £175,204 represents the net book value of buffildings and equipment
funded by TEO Urban Villageg and other funders and included in Fixed Assets.
The T￿Sle¢s. Report d¢scrib¢s in full the aims and uses of restriLt¢d funds.
Dfc - Tullycarnet Communily Regeneration Project
£2,800 core costs, origiiially allocated to unrestricted funds in year ended 31 March 2025, have been transferred to restricted
fuiids in line with thc restricted budget set by the funder. In addition, there wa5 £2,499 extra fuudiug re¢civ¢d to help with
risii)g ovei'liead costs, tiow trai)sfet'i'cd to ulli-esti'icted fuilds.
BCC Capacity - Di*mond Project
£5.983 core costs, origiiially allocated to unrestricted fwids in year end¢d 31 MarLh 2025, have now transferred to restricted
funds in line with the restricted budget s¢t by the fvnd¢r. In addition, there was £500 extra funding received to help with rising
overhead cos15.
PHA - Pathways
436 uni'eslricl¢d manageinent salaries funded by a management fee included in unrestricted income was tncluded in restriLted
costs in error. The tr&nsf¢r of Linrcstricted tunds to the same value rectifies this mistake in cost classification.
Some small restricted deffftcits have been mci from unrestriet¢d funds.

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
35
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
15 Restricted income funds continued
Balance at I
April 2023
Incoming
resources
Outgoing
sourc¢s
Balance at 31
March 2024
Year ended 31 March 2024
Transfer8
TullyLarnel Community Regeneration
Project - Dfc
Diamond Projecl - BCC Capacity
Pathways Programme - PHA
Cultural Confidence in Young People - TEO
Good Relations
Ea51Side Voices- TEO Urban Villages
Community Safety- NIHE
1,676
60,423
{56,364)
(5,548)
187
44.634
(37,361)
(15.780)
(34,868)
(6,483)
90
790
(90)
15.780
34,135
733
536
(536)
391
1,929
11,519
(12,23l}
1,608
Hedlth Hub
Di&mond Health Hub - TEO Urban Villages
Future Innovators - Co-operalion Ireland
Gym & bike shed- TEO Urban Villages
(69)
13,329
7,082
(13.329)
(1,883)
(9,021)
69
5,199
189,443
180,422
East Belfaql Cultural Confidence &
Tolerance - BCC
King's Coronation - Th¢ National Lott¢ry
Awards for All
Cor¢ fiinding - Halifax Foundation for Nl
Good Relations & Cultural ID - LCCC
38.300
(38.034)
266
8,420
(8,049)
(371)
4,500
{4,509)
(1,304)
14,1551
(1,423)
(610)
1,304
4,155
1,425
610
Christmas & Knocknagoney Get Fit - NIHE
Knocknagoney Christmas - BCC
Knocknagoney Christmas - Habinteg
Housing A8sociation (Ulster)
Future-prooting - TNL Community Fund
Learning Through th¢ Divide - TEO Good
Relations
Resolv¢ - International Committee of The
Red Cross, NIHE
(2)
{370)
(72)
370
(325)
397
3,877
(3,000)
(877)
At 31 MArch 2024
196,860
244.616
(242,246)
(11.758)
188,472

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
36
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 M94rch 2025
15 Restricted ineome funds continued
Of th¢ total restricted funds at 31 March 2024 of £188,472, £185,621 represents the net book value of buildings and equipment
funded by TEO Urban Villages and othcr fund¢rs and included in Fixed Asscts.
The Trustees, Report describes in full the aims and uses of restricted funds.
DfC- Tullycarnet Community Regeneration Project
£2,800 core costs, originally allocated to unrestricted tunds in year ended 31 March 20?4, have been transferred to restricted
funds. in liiie with the reslricted budget set by the funder. In addilion, there wa5 £2,748 extra funding received over the two
yeai's to 31 Mai'cli 2024 to llelp willi i'isiiig ovei'liead ¥osls aiid it loo lias iiow beeii trati.%ferred to uIirestricted funds.
BCC CapAcity - DRAmoDd Project
£5,983 core costs, origin2)Ily alLocal¢d to iinre51ricled funds in year ended 31 March 2024, have now transferred to restricted
funds in line with the r¢slrictcd budgct set by the funder. In addition, there was £500 extra funding reLeived to help with rising
overhead costs.
TEO Urban Villages - Ea5tside Voices
The £536 surplus on this completed piogrammc has b¢en transferr¢d to TEO'S Cultural Confidence in Young Peopl¢
programme.
The NatlOllAI Lottery AwArds for All- Kiiig's Coronfttion
Th¢ £371 surplus on this coinpleied progranune hay b¢¢n transferred to cover th¢ d¢fi¢it on fNL's Future-proofing
progran]m¢.
InternNtional Committee of the Red Cross- Resolve
Attcr meeting the legal costs of separating R¢solv¢ from Charter Nl, tlie £877 surplus which remained has been transferred in
acLordance with the funder's wishes, to unrestricted rcserves.
Some small restricted deticits have been met from unrestricted funds eg £397 TEO'S Learning through the Divide, £391
NIHE'S Community Safety.

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
37
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
16 Unrestricted income funds
YeAr ended 31 March
2025
Balance at I
April 2024
Incoming
resources
Outgoing
rcsour¢¢s
Balance at 31
Mydrch 202S
Transfers
General funds, induding
reserves
Designated funds:
Diamond Project
East Belfast Loyalist
Conflict Museum
Total iinreslriLled funds
39,219
22,861
(38.094)
11,190
35,176
24,522
18,765
6,614
(5,452)
(3.988)
25,684
J4,777
82.506
29,475
(47,534)
11,190
Designated funds of £40,461 (2024.. £43.287) relate to unrestricted funds set aside by the trustees for use as indicated above.
Year ended 31 March
2024
Balance at I
April 20?3
Incoming
resource$
Outgoing
resourL¢S
BalAnee at 31
Mkrch 2024
Transfers
Geiieral funds, including
reserves
Designftted funds:
Diamond Project
East Belta8t Loyalist
Conflict Museuin
Total unrestricted funds
54,484
19.615
(46,638)
11,758
39,219
19,549
22,506
6,969
(1.996)
(3,741)
18,765
96,539
26,584
(52,375)
11,758
82,506
17 Analysis of total net assets between funds
Year ended 31 March 2025
Unrestrict
Restricted
Total 2025
Tangible fixed assets
Net current assets
1?,023
63,614
75,637
175.?04
10,575
185,779
187,227
74,189
261,416
Total funds
Year ended 31 March 2024
Unrestricted
Restricted
ToAal 2024
Tangible fixed assets
Nel current assetg
5,949
76,557
185,621
2.851
191,570
79,408
270,978
Total funds
82,506
188.472

C.H.A.ILT.E.R. FOR NORTHERN IRELAND
38
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
18 Reconciliation of net incomel(expenditure) to net cash floiv from operating activities
2025
2024
Nct income/{¢xpenditure) for thc y¢ar
Add back depreciation charge
Add back loss on disposal
{Increase)IDecrease in debioTS
Increas¢/{d¢creasc) in creditors
Net cAsh flow from operating activities
(9,562)
11,742
(22,421)
12,294
3,203
(17,182)
(11,799)
781
9,350
The charitable company has no overdrafts, loans or finance lease obligations.
19
C,ontingent Liabilitles
A contingent liability exists to rcpay & portion of any grants received should certain conditions not be fulfilled by the charitable
compaiiy.
20 FRC Ethical Standard - Provisions Available for Small Entities
In common with many other organisations of our size and nature we use our auditors to assist with the preparation of the
financial statements.
21 Company status
The charity 18 a company limited by gliarantee incorporated in the UK registered in Northern Ireland and governed by a
Memorandiim and Articles of Association. The charity does not have share capitsl. The liability of each member 1$ limited to
amount not exceeding £1 in the event of a winding up. The charity's registered oftice is given in Ili¢ Reference and Administr&tive
DetaÉls section ol'the Trustees, Report.
22 Ultimate controlling party
The Board of Trnstees is the ultimate controlling party.
23 Related party transactions
Charter NI employs as its Operations Manager, Mrs Caroline Btrch, the wife of one of its trustees. In the year to 31 March 2025
her gross tAx2ble qalary was £35,502 12024.. £34,333) 2nd employer's National Insuranc¢ ¥ontributions were £3,644 (2024..
£3,483). Charter Nl also contributed £878 (2024: £843) p¢nsion contributions.

C.H.A.R.T.E.R. FOR NORTHERN IRELAND
39
Communities Having a Response Towards Economic Regeneration
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
24 Financial and Capital Commitments
Th¢ company hAs annual rent commitrnenÉs as follows:
2025
2024
Within one year
Within two and five years
4,418
4,418
4,418
4,418
The company has no capital commitments at 31 March 2025 or 31 March 2024.